Elastic N.V. (ESTC) vs HubSpot, Inc. (HUBS)

Elastic N.V. and HubSpot, Inc. are both Software Application companies. Elastic N.V. and HubSpot, Inc. are of similar size ($12.0B and $11.0B). Elastic N.V. trades at the lower P/E: 27.0× against 83.1×. HubSpot, Inc. grew revenue faster over the last twelve months: 21.1% against 16.2%. Elastic N.V. has the higher net margin (20.8% vs 4.26%) and the lower return on invested capital (−7.35% vs 25.6%). Across the 21 metrics below, HubSpot, Inc. leads on 14 and Elastic N.V. on 7.

Valuation

Metric ESTC HUBS Software Application median
P/E 27.01 83.09 26.76
P/S 5.66 3.45 2.99
P/B 7.87 7.18 2.59
Price to free cash flow 29.24 18.07 18.02
EV/EBITDA 114.26 41.78 16.06
EV/Sales 5.17 3.19 2.92
Earnings yield 3.70% 1.20% 0.00%
Free cash flow yield 3.42% 5.53% 2.00%

Profitability

Metric ESTC HUBS Software Application median
Gross margin 75.50% 83.25% 67.03%
Operating margin (2.64%) 3.79% 0.00%
Net margin 20.84% 4.26% 0.00%
Free cash flow margin 19.37% 19.07% 5.71%
Return on equity 33.12% 7.89% 0.00%
Return on assets 13.60% 4.09% 0.00%
Return on invested capital (7.35%) 25.63% 0.00%

Growth

Metric ESTC HUBS Software Application median
Revenue growth (TTM) 16.18% 21.11% 12.43%
EPS growth (last fiscal year) 429.81% 855.56% 31.92%
Revenue growth, 5-year CAGR 23.37% 28.81% 14.34%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ESTC HUBS Software Application median
Debt to equity 0.44 0.00 0.03
Current ratio 1.81 1.38 1.56
Net debt to EBITDA (9.19) (16.42) 0.08

Dividend

Metric ESTC HUBS Software Application median
Dividend yield — — 0.93%
Payout ratio — — 0.29

Size

Metric ESTC HUBS Software Application median
Market cap 10.95b 11.95b 423.97m

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